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    Grand Rapids, MN
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    Grand Rapids, MN NNN Properties for Sale

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    Single-Tenant Net Leased Grocery
    Updated: Apr 10
    Single-Tenant Net Leased Grocery

    1250 S Pokegama Avenue, Grand Rapids, MN 55744

    Contact for pricing
    New 2016 construction grocery property leased to ALDI Inc. under a long‑term ground lease structure.
    Recently signed 15‑year ground lease with ALDI Inc.; store opening in December (2016).
    Single‑tenant net lease investment (STNL) structured so the tenant pays operating expenses, capital repairs, and replacements.
    Debt‑free; 15‑year term and ground lease structure can support long‑term holding strategies.
    Pricing noted at $119 PSF (below replacement cost per provided remarks).
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    See what stands out in Itasca County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Leased Garage
    Office Building with Leased Garage

    8878 Main St, Mountain Iron, MN 55768

    $375,000
    7,050 sqft

    Existing occupancy includes a tenant covering rent, utilities, insurance, and taxes.

    View details
    Holiday Stationstore NNN Retail Property
    Holiday Stationstore NNN Retail Property

    1423 2nd St N, Sauk Rapids, MN 56379

    $2,796,377

    Absolute net lease structure with a long-term operating commitment from an established convenience-store tenant.

    View details
    Three-Tenant Retail Center
    Three-Tenant Retail Center

    8580 Rock Ridge Dr, Mountain Iron, MN 55768

    Contact for pricing
    11,500 sqft 1.92 AC lot

    Fully occupied retail center with triple-net leases and established national tenants near major retail destinations.

    View details
    NNN Property
    NNN Property

    390 Industrial Blvd, Sauk Rapids, MN 56379

    Contact for pricing
    35,123 sqft

    The property carries an NNN lease with a seven-year renewal option.

    View details

    Grand Rapids, MN Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Grand Rapids, MN on our real estate platform.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) +0.6%
    Median Household Income $68,213
    College Educated 13.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $24.20 per SF
    Average Loan-to-Value 65.0%

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